Provisions Typically Found in Exclusive Listing Agreements, Including Buyer Agency Agreements Flashcards

1
Q

Texas requires sellers to provide buyers with a _

A

Seller’s Disclosure Notice

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2
Q

What does a Seller’s Disclosure Notice do?

A

Documents what the sellers know about the property’s condition. Also documents other facts about the property

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3
Q

What other disclosures does Texas require for the property someone is transferring?

A
  • Lead-Based Paint Disclosure
  • Membership in Property Owners Association(s)
  • Statutory Tax Districts
  • Tide Water: Addendum for Coastal Area Property and Addendum for Property Located Seaward of the Gulf Intracoastal Waterway
  • Annexation
  • Property Located in a Certificated Service Area of a Utility Service Provider
  • Addendum for Property in a Propane Gas System Service Area
  • Public Improvement Districts
  • Transfer Fees
  • Seller’s Disclosure of Location of Condition under Surface of Unimproved Real Property
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